NOT LISTED FOR SALE

5227 W 88th St Oak Lawn, IL 60453

Estimated Value: $312,000 - $353,000

5 Beds
2 Baths
1,259 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $200,000 $159 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,298/month

8 Days on Market

Highlights

  • Main Floor Bedroom
  • Detached Garage
  • Breakfast Bar
  • Hometown Elementary School Rated 9+
  • Wet Bar
  • Bathroom on Main Level

About This Home

As of March 2018

Beautiful 5 bedroom, 2 bath Oak Lawn raised ranch features bright living room, spacious eat in kitchen, 3 large bedrooms on main floor and two additional bedrooms on lower level. Lower level also features large family room with wet bar, second bath with stand up shower and laundry room. Exterior features concrete side drive, large fenced yard with detached sun room and two car garage with storage space. Great location near the newly renovated Phillips park, Covington elementary school, library, Metra, downtown Oak Lawn, shopping, restaurants and Oak Lawn Community High School.

Last Agent to Sell the Property

Mary Wallace

Coldwell Banker Realty License #475136800 Listed on: 01/22/2018

Coldwell Banker Realty

Last Buyer's Agent

James Pinson

HomeSmart Connect LLC License #475127730

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,632

Year Built

  • 1960

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Wet Bar
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,632

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1960
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Interior Property Features: Bar-Wet, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X10, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Attic: Unfinished
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 2
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X7, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 23X12, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 16X15, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 17X12, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 19X11, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1259
  • Family Room: Dimensions: 15X10, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1423

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric

Schools

  • School District: 229
  • Junior High Dist: 123

Lot Info

  • Lot Dimensions: 50 X 124
  • Parcel Identification Number: 24041070680000

Tax Info

  • Taxes: 3675.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
Mar 1, 2018
Sold by
Chicago Title Land Trust Company
Bought by
Sayes Adnan and Sayes Mohammad
Seller's Agent
Mary Wallace
Coldwell Banker Realty
Buyer's Agent
James Pinson
HomeSmart Connect LLC
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$327,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,863
Avg. Annual Appreciation
6.75%
Original Mortgage
$170,000
Outstanding Balance
$147,326
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$180,537

Purchase Details

Closed on
May 23, 2004
Sold by
Sobczak Daniel R and Sobczak Rosemarie L
Bought by
Lasalle Bank Na and Trust #132769
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sayes Adnan $200,000 Chicago Title Land Trust Com
Lasalle Bank Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayes Adnan $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2018 03/13/18 Sold $200,000 +0.1% $159 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $199,900 -- $159 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,632 $25,000 $4,340 $20,660
2023 $5,360 $25,000 $4,340 $20,660
2022 $5,360 $17,570 $3,720 $13,850
2021 $5,275 $17,570 $3,720 $13,850
2020 $5,252 $17,570 $3,720 $13,850
2019 $4,926 $17,011 $3,410 $13,601
2018 $5,935 $17,011 $3,410 $13,601
2017 $2,610 $17,011 $3,410 $13,601
2016 $3,676 $15,037 $2,790 $12,247
2015 $3,819 $15,037 $2,790 $12,247
2014 $3,809 $15,037 $2,790 $12,247
2013 $3,998 $16,934 $2,790 $14,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09838254

Midwest Real Estate Data (MRED)

APN: 24-04-107-068-0000